06:11 AM EST, 02/20/2025 (MT Newswires) -- The euro is looking soft on the crosses and a new theme may be coming into play on the back of geopolitical developments, said ING. United States isolationism means that Europe is going to have to ramp up defense spending sharply. The question is: who's going to pay for it, asked the bank....

06:13 AM EST, 02/20/2025 (MT Newswires) -- STMicroelectronics ( STM ) said Thursday that it is launching new silicon photonics and BiCMOS technologies, co-developed with Amazon.com's ( AMZN ) Amazon Web Services division, for optical interconnect in datacenters and artificial intelligence clusters. STMicroelectronics ( STM ) said it is collaborating with Amazon Web Services on the PIC100 chip for the...

06:12 AM EST, 02/20/2025 (MT Newswires) -- Grab Holdings ( GRAB ) reported Thursday Q4 earnings of $0.01 per diluted share, unchanged from a year earlier. Analysts polled by FactSet expected $0.01 per share. Revenue for the quarter ended Dec. 31 was $764 million, up from $653 million a year earlier. Analysts polled by FactSet expected $758.3 million. For full...

Feb 20 (Reuters) - Canadian oil and gas producer Cenovus Energy ( CVE ) posted a fall in fourth-quarter profit on Thursday, as lower commodity prices and weak refining margins offset higher production. Average Brent crude futures fell 3% in 2024, as major consumer China's economy remained weak and the OPEC+ producer group postponed planned supply increases and extended deep...